A long time ago, All Options and its owner Allard Jakobs were banned from trading on Euronext. They returned in 2005 and they certainly did it in style. They traded against the rest of the market in a tiny option class called Getronics-Old (GTO). And lost millions. Legal procedures are still ongoing, and according toRead more
Most interesting market rumours leave room for a lot of imagination, but won’t fill an entire post – decided to mix everything together. AFS verus Phanos The board of the most prominent Dutch broker has been sacked by the main shareholder. FC Utrecht’s shirt sponsor and real estate company Phanos decided to get rid ofRead more
Apart from a few rare exceptions, the desks of the derivative trading firms are occupied by an all-male workforce. In the good old trading days in the pit, at the turn of the last century, some female traders did exist, though – and they used to be excellent traders as well.Caught another example of anRead more
Euronext is finally ready to introduce the one-cent tick size in the Amsterdam stock options market. This Premium Based Tick Size plan has been postponed for a while, the crisis curbed their enthusiasm in November 2008. Seven months later the united market maker lobby has achieved some success as well. The threshold has been setRead more
The only listed Dutch trading firm Van der Moolen has settled charges for improper trading within its US specialist unit back in 2004. It has sold the US specialist activities in December 2007 to the prestigious Lehman Brothers. One would expect this would end the stream of legal problems for the troubled firm. Wrong, accordingRead more
